Did you not like the bit against deficit spending in paragraph 56?
Not a hint in the whole thing about the abolition of private property. Yes, he does indicate that those arguing that the state has no right to regulate anything are too extreme—but this resonates with JP II et al.
He does have a point about priorities—when a minor stock market fluctuation is news but human suffering is not, we may want to examine our priorities. Likely this is why the entire section is called “Some challenges in today’s world.”
I thought a lot of it was good I read a lot of these letters. I am familiar wit the language. I just don’t think IBD. And Rush are off on this.